Mortgage Closer

Also called: Loan Closer, Closing Coordinator

Prepares the final loan documents and makes sure everything is ready for a home purchase to close.

A day in the life

You check that the appraisal, insurance and title are all in, prepare the closing documents and coordinate with the title company so the buyer gets their keys on time.

Pay over a career

Starting
$38k
Typical
$50k
High
$70k

Approximate: anchored on Bureau of Labor Statistics data for a broader job group.

Training

High school diploma, about 1 year after high school. High school diploma; trained on the job.

Ways in: On-the-job training, 2-year college. Training cost: Under $15k.

Majors to look at: Business, Finance.

Outlook

Shrinking (about -3% over 10 years). Tracks loan interviewers and clerks.

Will it last? Our AI estimate

High risk for 10 years. Digital closings and AI document preparation shrink the work; e-closing platforms let far fewer closers handle many more loans.

Start now, in high school

Classes: Computer applications, Business law, Personal finance, Keyboarding.

Official data: O*NET occupation 43-4131.

More Banking & Lending careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.